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Purchased display stands, shelving etc. (shop equipment) from Shop Displays Pty Ltd for $33,000 and computer equipment for the shop from Computer Wizards for $4,000.
Purchased display stands, shelving etc. (shop equipment) from Shop Displays Pty Ltd for $33,000 and computer equipment for the shop from Computer Wizards for $4,000. These were paid for with a loan of $29,600 from the bank and cheque for $7,400 from the business bank account. The bank loan is repayable over 3 years.
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